Bhagyalakshmi Wealth Solutions Limited

Financial services company specializing in wealth management, investments, and business support.

2008 | Dakshina Kannada, Karnataka (India) | Active
Last Updated: December 25, 2024

Bhagyalakshmi Wealth Solutions Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.41 M
  • Company Age 16 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 37.70%
  • Profit Growth -521.25%
  • Ebitda -3681.93%
  • Net Worth -121.02%
  • Total Assets 43.43%

About Bhagyalakshmi Wealth Solutions

Bhagyalakshmi Wealth Solutions Limited (BWSL) is a Public Limited Indian Non-Government Company incorporated in India on 11 June 2008 and has a history of 16 years and seven months. Its registered office is in Dakshina Kannada, Karnataka, India.

The Corporate was formerly known as Bhagyashree Properties And Infrastructure Limited. The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 1.41 M, as per Ministry of Corporate Affairs (MCA) records.

Balakrishna Nerolu, Nedle Bhat, and Bhagya Sharma serve as directors at the Company.

Company Details

  • Location

    Dakshina Kannada, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65929KA2008PLC046755

  • Company No.

    046755

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    11 Jun 2008

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Financial Services

Who are the key members and board of directors at Bhagyalakshmi Wealth Solutions?

Executive Team (1)

Name Designation Appointment Date Status
Balakrishna Nerolu Country flag representing In Managing Director 11-Jun-2008 Current

Board Members (2)

Name Designation Appointment Date Status
Nedle Bhat Country flag representing In Director 22-Feb-2011 Current
Bhagya Sharma Country flag representing In Whole-Time Director 11-Jun-2008 Current

Financial Performance of Bhagyalakshmi Wealth Solutions.

Bhagyalakshmi Wealth Solutions Limited, for the financial year ended 2015, experienced significant growth in revenue, with a 37.7% increase. The company also saw a substantial fall in profitability, with a 521.25% decrease in profit. The company's net worth observed a substantial decline by a decrease of 121.02%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
37.70%
Revenue from Operations
36.08%
Total Assets
43.43%
Profit or Loss
-521.25%
Net Worth
-121.02%
EBITDA
-3681.93%

What is the Ownership and Shareholding Structure of Bhagyalakshmi Wealth Solutions?

In 2017, Bhagyalakshmi Wealth Solutions had a promoter holding of 46.45% and a public holding of 53.55%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Bhagyalakshmi Wealth Solutions?

Unlock and access historical data on people associated with Bhagyalakshmi Wealth Solutions, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Bhagyalakshmi Wealth Solutions, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Bhagyalakshmi Wealth Solutions's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Bhagyalakshmi Wealth Solutions

Recent activity within the organization

  • Annual General Meeting

    Bhagyalakshmi Wealth Solutions Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Bhagyalakshmi Wealth Solutions Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Director Appointment

    Nedle Rama Bhat was appointed as a Director was appointed as a Director on 22 Feb 2011 & has been associated with this company since 13 years 11 months .

    22 Feb 2011

  • Director Appointment

    Balakrishna Sharma Nerolu was appointed as a Managing Director was appointed as a Managing Director on 11 Jun 2008 & has been associated with this company since 16 years 7 months .

    11 Jun 2008

  • Director Appointment

    Bhagya Balakrishna Sharma was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 11 Jun 2008 & has been associated with this company since 16 years 7 months .

    11 Jun 2008

  • Company Incorporation

    Bhagyalakshmi Wealth Solutions Limited was registered on 11 Jun 2008 with Roc Bangalore & aged 16 years 7 months as per MCA records.

    11 Jun 2008

Frequently asked questions

  • Bhagyalakshmi Wealth Solutions Limited was incorporated on 11 Jun 2008.

  • The authorized share capital of Bhagyalakshmi Wealth Solutions Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.41 M.

  • Currently 3 directors are associated with Bhagyalakshmi Wealth Solutions Limited.

    • Balakrishna Sharma Nerolu
    • Nedle Rama Bhat
    • Bhagya Balakrishna Sharma
  • As per Ministry of Corporate Affairs (Mca), the registered address of Bhagyalakshmi Wealth Solutions Limited is Door No.5-5-347/10 G-5 Ground Floor Sterling Chambers Pvs Kalakunja Road, K Odialbail India, Mangalore, Karnataka, 575003.

  • The corporate identification number (CIN) of Bhagyalakshmi Wealth Solutions Limited is U65929KA2008PLC046755 and the company number is 046755 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2015, the revenue trend for Bhagyalakshmi Wealth Solutions Limited has risen by 37.70%.

  • The financial reports for the fiscal year 2015 indicates that The net worth of Bhagyalakshmi Wealth Solutions Limited has experienced an downturn of -121.02%.

  • The most recent Balance Sheet for Bhagyalakshmi Wealth Solutions Limited was filed with the ROC on 31 Mar 2024.

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